Boston Beer (SAM) Operating Expenses (2010 - 2026)
Boston Beer (SAM) recorded Operating Expenses of $215.6 million in Q2 2026, up 2.4% from $210.45 million a year earlier but down 46.7% from the prior quarter.
Boston Beer (SAM) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Boston Beer's Operating Expenses came in at $1.03 billion as of Jun 27, 2026, up 21.8% year-over-year; for FY2025, it was $807.7 million, down 1.2% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $817.76 million in FY2024 (+8.7%), $752.37 million in FY2023 (-2.4%), $771.2 million in FY2022 (-2.4%) and $789.8 million in FY2021 (+38.5%).
- Quarterly Operating Expenses has ranged from $169.61 million in Q1 2023 to $404.42 million in Q1 2026 over the past five years.
- On a year-over-year basis, Operating Expenses rose in six of the last eight quarters, with growth averaging 19.2%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 118.0% in Q1 2026, against a decline of 11.7% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $404.42 million (Q1 2026), $200.7 million (Q4 2025) and $211.07 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 401.84 Bn | 388.31 Bn | 8.42 Bn | 3.72 Bn |
| 2 | Coca Cola Femsa Sab De Cv | 198.29 Bn | 198.29 Bn | 2.06 Bn | 1.49 Bn |
| 3 | Pepsico | 182.79 Bn | 140.55 Bn | 13.75 Bn | 9.49 Bn |
| 4 | Monster Beverage | 92.06 Bn | 80.31 Bn | 1.42 Bn | 679.19 Mn |
| 5 | Diageo | 51.95 Bn | 32.02 Bn | - | - |
| 6 | Ambev | 51.85 Bn | 37.14 Bn | 2.06 Bn | -263.15 Mn |
| 7 | Coca-Cola Europacific Partners | 51.70 Bn | 44.37 Bn | - | -1.63 Bn |
| 8 | Keurig Dr Pepper | 47.08 Bn | 43.13 Bn | 3.07 Bn | 2.40 Bn |
| 9 | Constellation Brands | 22.57 Bn | 22.12 Bn | 1.39 Bn | 538.20 Mn |
| 10 | Boston Beer | 1.92 Bn | 1.02 Bn | 286.37 Mn | 215.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 215.60 Mn |
| Mar 28, 2026 | 404.42 Mn |
| Dec 27, 2025 | 200.70 Mn |
| Sep 27, 2025 | 211.07 Mn |
| Jun 28, 2025 | 210.45 Mn |
| Mar 29, 2025 | 185.49 Mn |
| Dec 28, 2024 | 216.71 Mn |
| Sep 28, 2024 | 234.41 Mn |
| Jun 29, 2024 | 195.64 Mn |
| Mar 30, 2024 | 170.99 Mn |
| Dec 30, 2023 | 173.82 Mn |
| Sep 30, 2023 | 213.15 Mn |
| Jul 1, 2023 | 195.79 Mn |
| Apr 1, 2023 | 169.61 Mn |
| Dec 31, 2022 | 182.32 Mn |
| Sep 24, 2022 | 219.38 Mn |
| Jun 25, 2022 | 194.39 Mn |
| Mar 26, 2022 | 175.11 Mn |
| Dec 25, 2021 | 172.71 Mn |
| Sep 25, 2021 | 248.47 Mn |
Boston Beer Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();